ZIMBABWE SCHOOL EXAMINATIONS COUNCIL (ZIMSEC)

Size: px
Start display at page:

Download "ZIMBABWE SCHOOL EXAMINATIONS COUNCIL (ZIMSEC)"

Transcription

1 ZIMBABWE SCHOOL EXAMINATIONS COUNCIL (ZIMSEC) ZIMBABWE GENERAL CERTIFICATE OF EDUCATION (ZGCE) O Level Syllabus PRINCIPLES OF ACCOUNTS (7112) 1

2 1.0 PREAMBLE 2.0 AIMS This syllabus is a two year course for O-Level candidates. The syllabus is intended to develop the learners awareness, skills and understanding of the principles of double-entry book-keeping and how these principles are applied to produce the financial information required in business. It is the gateway to a career in the accountancy profession and provides a strong foundation for further studies in related disciplines. It also exposes the learners to the various basic concepts necessary to be self-reliant in their own day to day personal transactions and in running their own business. The syllabus will enable learners to: 2.1 gain knowledge and understanding of the aims and activities of business and non-trading organisations; 2.2 acquire practical skills in understanding the accounting techniques and procedures appropriate to business organisations and the implications of these; 2.3 develop an understanding of the principles and purposes of accounting in providing an information system for monitoring progress and decision making; 2.4 acquire a broad understanding of accounting concepts, conventions and terminologies so that they can meet the requirements of the accountancy profession; 2.5 develop skills of numeracy, literacy, investigation, interpretation and presentation in accountancy; 2.6 develop attitudes of accuracy, orderliness and logical thought; 2.7 inculcate self-reliance; 2.8 establish a basis for further studies; 2.9 prepare for the world of work. 3.0 ASSESSMENT OBJECTIVES Learners should be able to: 3.1 demonstrate knowledge of facts and terms relevant to the syllabus; 3.2 demonstrate knowledge of appropriate concepts, conventions, principles and techniques; 2

3 3.3 carry out accurate calculations; 3.4 recognise, select, organise and interpret information in written, numerical and diagrammatic form; 3.5 apply knowledge and information to given accounting situations and problems; 3.6 analyse and explain the value of record keeping to organisations. 4.0 SCHEME OF ASSESSMENT The course will be examined by two papers: Paper 1 and Paper 2. Candidates are required to answer all questions in both papers. SCHEME OF ASSESSMENT PAPER 1 PAPER 2 Weighting 40% 60% Structure of paper 40 multiple Choice Question with 4 Options per question. Total Marks Per Paper Duration 1 ½ Hours 2 ½ Hours 4 Compulsory structured questions. 5.0 SKILLS WEIGHTING SPECIFICATION GRID Paper Skill 1 Skill 2 Skill 3 Knowledge with Application Analysis understanding Paper 1 65% 30% 5% Paper 2 20% 70% 10% 3

4 SKILL 1 KNOWLEDGE WITH UNDERSTANDING Candidates should be able to: demonstrate knowledge of facts and terms relevant to the syllabus; demonstrate knowledge of appropriate concepts, conventions, principles and techniques; carry out accurate calculations. Questions testing this skill will often have the following action verbs: calculate, complete, credit, debit, define, explain, fill in, identify, label, list, make, match, name, outline, record, state, write up. SKILL 2 APPLICATION Candidates should be able to: carry out accurate calculations; recognise, select, organise and interpret information in written, numerical and diagrammatic form; apply knowledge and information to given accounting situations and problems. Questions testing this skill will often have the following action verbs: adjust, amend, apply, balance, calculate, classify, close, compare, compute, correct, depreciate, draft, drawn up, effect, extract, interpret, journalise, post, prepare, reconcile, redraft, select, show, update, use, write up. SKILL 3 ANALYSIS Candidates should be able to: recognise, select, organise and interpret information in written, numerical and diagrammatic form; analyse and explain the value of record keeping to organisations. Questions testing this skill will often have the following action verbs: analyse, compare, differentiate, distinguish, explain, order, outline, prepare, present. 4

5 6.0 METHODOLOGY Six to eight periods per week must be allocated. To achieve the stated aims and objectives the following approaches are necessary: 6.1 Any of these approaches are necessary depending on the ability and understanding of the learners Journal approach, Ledger approach, Balance sheet approach, Single entry approach or Cash Book approach. 6.2 Projects and seminars have to be organised by the teacher to give the learners an opportunity for an in-depth study of topics of their choice. 6.3 Individual written assignments as well as group work must be given. 6.4 Visits to the accounting departments of local organisations must be organised to expose learners to a working environment. 6.5 Emphasis must be laid on record keeping as an aid to efficient management, their value as a record of past performance and as a guide to future policy. 5

6

7 7.0 CURRICULUM CONTENT SECTION TOPIC NOTES CANDIDATES SHOULD BE ABLE TO 7.1 Introduction to Principles of Accounts types of business organisations; importance of accounting; definition of terms; state the types of business organisations and their differences; show the differences between bookkeeping and accounting; state the importance of accounting in commerce and industry; identify the users of accounting information; describe the accounting cycle; define the various accounting terms. 7.2 Data processing electronic methods of processing data, e.g. use of computer software; manual and mechanical methods of data processing; 7.3 The main documents documentary records and their significance; invoice; credit note debit note cheque voucher receipt compare manual and mechanical methods of data processing; explain how electronic methods of data processing are used in accounting; state advantages and disadvantages of using computers in data processing; identify computer software used in processing accounting data. identify source documents for particular transactions; explain the purpose of source documents; state the significance of each source document; state the use of each source document 7

8 bank statement statement of accounts 7.4 The Subsidiary Books the journal, purchases journal, sales journal, returns and allowances journals, cash book and petty cash book; use of subsidiary books; correction of errors and closing transfers by journal entry. 7.5 The Ledger forms of ledger; posting to the ledger; use of folio columns; balancing; interpretation of ledger accounts; division of the ledger; classification of ledger accounts; capital and revenue /expenditure; the construction and importance of control accounts. outlined in the NOTES section; interpret the information on the source document. name the subsidiary books; state the purpose of each subsidiary books; explain the purpose of using books of prime entry; record transactions in the appropriate subsidiary books; calculate trade discounts before entering transactions in the relevant book of original entry; interpret entries in subsidiary books; correct errors by journal entry; make closing transfers. identify different sections of the ledger; state forms of ledger accounts; explain forms of ledger accounts; prepare ledger accounts using either T account format or running balance format; analyse transactions before posting to the ledger; post entries from subsidiary books to the relevant ledger showing correct narrations; 8

9 balance ledger accounts; interpret the details and balances in the ledger accounts; show the division of the ledger; classify ledger accounts; explain the purpose of the Debtors and Creditors control accounts; write up control accounts showing correct details; outline the advantages of keeping control accounts; identify the sources of information for the control account entries from the books of original entry; define capital and revenue expenditure; show the difference between capital and revenue expenditure; classify business expenditure into capital or revenue expenditure; distinguish between capital and revenue receipts. 7.6 Trial Balance trial balance, its extraction, uses, limitations and use of the suspense account; errors and their corrections. define a trial balance; explain the purpose of preparing a trial balance; outline the uses and limitations of a trial balance; extract a trial balance; 9

10 state the types of errors that are revealed by a trial balance; explain the effect of errors on the profit and asset valuation; correct errors by way of journal entries; correct errors by means of a suspense account; adjust gross or net profit or losses after the correction of errors; re-draft the trial balance after the correction of errors; 7.7 The Cash Book use of discount, cash and bank columns; petty cash book and analysis columns; bank reconciliation statement; bank current account and deposit account. Treatment of overdraft, bank loan and other loans; explain the purpose of a cash book; explain the purpose of keeping cash in the bank; identify source documents used in recording entries in the cash book; write up the cash book showing correct narrations in a three column cash book; interpret transaction and entries in the cash book; balance the cash book; show the difference between a favourable bank balance and an overdraft; explain the meaning of cash discount; enter cash discounts in either the discounts allowed or discounts received columns; 10

11 distinguish between cash discount and trade discount; calculate cash discount; outline the reasons for a dishonoured cheque; record a dishonoured cheque; distinguish between a bank loan and a bank overdraft, and a bank current account and deposit account; show how the various types of interest are entered in the cash book; interpret a bank statement; explain the purpose of a bank reconciliation statement; identify possible causes of differences between the cash book and bank statement balances; update the cash book by preparing a supplementary cash book (an amended cash book); reconcile the cash book balance with the bank statement balance by preparing a bank reconciliation statement; explain the need for preparing a bank reconciliation statement; explain the need for a petty cash book; 11

12 explain the purpose of a petty cash book in relation to the cash book; explain the meaning of float and petty cash ; explain the meaning of the imprest system; enter petty cash transactions into the petty cash book applying the imprest system; post the petty cash book to the relevant ledger; balance the petty cash book on the last day of the period; reimburse the petty cashier either on the first day of a new period or the last day of a period. 7.8 The Accounts Of A Non-Trading Concern (Not For Profit Organisations) receipts and payments account and its limitations; subscriptions account; income generating activities; income and expenditure account; the balance sheet/statement of financial position; prepare the receipts and payments account; state the limitations of the receipt and payments account; draw up the subscriptions account taking note of subscriptions in advance and in arrears; prepare bar/refreshments trading account taking note of bar/refreshments purchases and expenses; prepare the income and expenditure account up to the balance sheet; 12

13 7.9 The Final Accounts Of Sole-Traders And Partnerships trading and profit and loss accounts/income statement; the nature of profit or loss and its ascertainment for a specific period; net profit or loss as the increase or decrease in the net value of assets during that period; gross and net profits and their relation to valuation of stock/inventory to the rate of inventory/turnover, expenses and capital, quick ratio and current ratio; valuation of stock/inventory lower of cost and net realisable value; simple columnar trading account when dealing with departments; treatments of payments in advance and of amount due but unpaid and stocks/inventories of consumables; causes of depreciation; provision for depreciation: straight line, diminishing balance and revaluation; disposal of fixed assets/non-current assets; provision for bad and doubtful debts; provision for discounts allowance and receivable and other contingencies; ledger accounts for provisions; treatment of ancillary income; calculate the accumulated fund from assets and liabilities; explain the reasons for preparing the profit and loss account; explain the difference between gross profit and net profit, and profit and loss; prepare income statements of sole traders and partnerships showing clearly net sales, net purchases, cost of sales, gross profit or gross loss and net profit or loss using either the horizontal or vertical presentation of final accounts; state the basis of inventory valuation explain the basis of the valuation of inventory at the lower of cost and realisable value; calculate the following accounting ratios and show formulae: working capital ratio (current ratio), quick ratio (acid test ratio), gross profit margin (gross profit as a percentage of sales), mark-up on cost, percentage of expenses to turnover, net profit margin (net profit as a percentage of sales), 13

14 rate of stock turnover/rate of inventory turnover; prepare simple columnar trading account when dealing with departments ascertaining gross profit/loss for each department (two departments will be required); prepare a combined departmental profit and loss account; charge expenses to the trading account and profit and loss account according to a given ratio; draft ledger accounts that show payments and receipts in advance and in arrears, stock of consumables, and transfers to the final accounts; define depreciation; state the causes of depreciation; calculate depreciation using the straight line method (equal instalments), reducing (diminishing/declining) balance method and revaluation; draw up the depreciation account and provision for depreciation account, and asset account; show depreciation in the profit and loss account; 14

15 draw up the disposal account of a fixed asset and show profit/loss in the profit and loss account; explain the meaning of bad debts and bad debts recovered; prepare ledger accounts and journal entries to record bad debts written off and bad debts recovered; state reasons for maintaining a provision for doubtful debts; prepare adjusting entries in the general journal and ledgers to record the creation of, and adjustments to, a provision for doubtful debts; calculate the provision for doubtful debts based on the adjusted value of debtors after writing off all bad debts; record the provision for discounts allowable and receivable in the relevant accounts; make closing transfers to the profit and loss account (income statements) of all adjusted figures including for goods taken by the owner for own use; Partnership entries formation of partnership; entries on formation; appropriation of profit or loss and appropriation accounts of partners in the explain the advantages and disadvantages of forming a partnership; outline the importance and contents of a partnership agreement; 15

16 ledger; methods of setting partners capital and current accounts in the ledger and balance sheet; necessary entries on the admission of a new partner; revaluation of assets and goodwill; Business Purchase purchase of a business by either a sole trader or a partnership, including the calculation and recording of goodwill; revaluation of assets and goodwill; explain the purpose of an appropriation account and current accounts of partners; prepare income statements, appropriation accounts, current accounts and capital accounts in either horizontal or vertical form; show current accounts in the relevant ledger or as presentations in the balance sheet; show the treatment of interest on partners loans, interest on capital, interest on drawings, partners salaries and the division of the balance of profit or loss; prepare journal entries on admission of a new partner; explain the meaning of goodwill; calculate goodwill on the admission of a new partner; record the revaluation of assets and goodwill; show journal entries on the purchase of a business by a sole trader or a partnership of all assets and liabilities taken over; show the business purchase account; calculate goodwill; 16

17 record the revaluation of assets and goodwill; draft the new balance sheet of the business after the purchase transaction; The Balance Sheet/Statement of financial position the balance sheet as a statement of balances as at a specified date; structure and interpretation; significance of the interrelationship of its items; capital; valuation of assets; the meaning, importance and designation in the balance sheet of fixed assets/non-current assets, current assets, current liabilities, working capital and long term liabilities/noncurrent liabilities; meaning and importance of fictitious assets; the difference between capital shown in the records and capital employed; 17 define a balance sheet (statement of financial position); define non-current assets (fixed assets), intangible assets, current assets, longterm liabilities (non-current liabilities), current liabilities, working capital, capital employed and capital owned; classify items into fixed assets(noncurrent assets) intangible assets, current assets, long-term liabilities (noncurrent liabilities) and current liabilities; determine the cost, accumulated depreciation and net book value of an asset; show the cost, accumulated depreciation and net book value of an asset in the balance sheet; comment on the significance of the inter-relationship of items in the balance sheet; state the effect of transactions on items in the balance sheet/statement of financial position, and on working capital and capital employed;

18 prepare the balance sheet as a statement of balances as at a specified date; interpret the balance sheet items; explain the meaning of fictitious assets; 7.10 Special forms of accounts simple manufacturing or production account up to balance sheet; prime cost and overheads; incomplete records; ascertainment of gross and net profits; calculation of total credit sales and purchases, opening capital and any other missing items; simple form of contract accounts. Accounts of co-operatives; appropriation of surplus and deficit; distinguish between direct and indirect costs; distinguish between direct materials, direct labour, direct expenses, prime cost, factory overheads and work-inprogress; calculate factory cost of production; prepare manufacturing financial statements, income statements and balance sheets/statement of financial position; prepare a statement of affairs for a business that does not keep/adhere to proper double-entry system; calculate net profit/loss by comparing the capital at the end of the period with capital at the beginning of the period, taking note of adjustments to drawings and new capital contributions; calculate total credit sales and purchases, expenses and incomes for the period, depreciation and bad debts written off; 18

19 prepare income statements and balance sheets with appropriate adjustments to financial statements; apply the techniques of mark-up, margin and inventory turnover in the calculation of missing figures; 7.11 The accounts of joint stock companies the appropriation account in simplified form; the capital structure of a joint stock company and how it appears in the balance sheet; basic knowledge of the distinction between share capital; authorised, called up, issued and paid up capital; different types of shares: preference and ordinary; loan capital, e.g. debentures; NB: The following are not required: Entries to record the issue of capital and a knowledge of the accounting requirements of Zimbabwe s Companies Act. explain the meaning of the term Limited Liability; prepare simple appropriation accounts in either horizontal or vertical presentation; distinguish between authorised, calledup, paid-up share capital; distinguish between share capital: preference shares and ordinary shares and loan capital (debentures); state the capital structure of a limited liability company comprising preference share capital, ordinary share capital, general reserves and retained profits; prepare balance sheets in either horizontal or vertical form; 19

SEC Syllabus (2015) Accounting SEC SYLLABUS (2015) ACCOUNTING SEC 01 SYLLABUS

SEC Syllabus (2015) Accounting SEC SYLLABUS (2015) ACCOUNTING SEC 01 SYLLABUS SEC SYLLABUS (2015) ACCOUNTING SEC 01 SYLLABUS 1 Accounting SEC 01 Syllabus (not available in September) Paper 1 (2hrs) + Paper II (2 hrs) The aims of the syllabus are to enable students: 1. To understand

More information

LEVEL 1. Financial Accounting Paper 10. Business Accounting Paper 1

LEVEL 1. Financial Accounting Paper 10. Business Accounting Paper 1 SYLLABUS CHART LEVEL 1 BUSINESS ACCOUNTING -PAPER 1 Financial Accounting Paper 10 Business Accounting Paper 1 OVERALL AIM To provide the learner with knowledge and skills of basic accounting concepts and

More information

SEC Syllabus (2017) Accounting ACCOUNTING SEC 01

SEC Syllabus (2017) Accounting ACCOUNTING SEC 01 SEC SYLLABUS (2017) ACCOUNTING SEC 01 SYLLABUS 1 Accounting SEC 01 Syllabus (not available in September) Paper 1 (2hrs) + Paper II (2 hrs) The aims of the syllabus are to enable students: 1. To understand

More information

PRINCIPLES OF ACCOUNTS

PRINCIPLES OF ACCOUNTS PRINCIPLES OF ACCOUNTS OBJECTIVE The objective of the examination is to test candidates understanding of the basic principles and methods of accounting and their application to practical situations. THE

More information

BUSINESS BOOKKEEPING & ACCOUNTS Designed to produce bookkeeping and accounts personnel trained in the

BUSINESS BOOKKEEPING & ACCOUNTS Designed to produce bookkeeping and accounts personnel trained in the INTERNATIONAL DIPLOMA PROGRAM ON BUSINESS BOOKKEEPING & ACCOUNTS Designed to produce bookkeeping and accounts personnel trained in the MODERN PRACTICAL METHODS OF ACCOUNTING Trained and competent bookkeeping

More information

SYLLABUS. Cambridge O Level Principles of Accounts. Cambridge Secondary 2

SYLLABUS. Cambridge O Level Principles of Accounts. Cambridge Secondary 2 SYLLABUS Cambridge O Level Principles of Accounts 7110 For examination in June and November 2015 Cambridge Secondary 2 Changes to syllabus for 2015 This syllabus has been updated, but there are no significant

More information

LEAVING CERTIFICATE ACCOUNTING SYLLABUS

LEAVING CERTIFICATE ACCOUNTING SYLLABUS LEAVING CERTIFICATE ACCOUNTING SYLLABUS Ordinary and Higher Levels 1 LEAVING CERTIFICATE ACCOUNTING SYLLABUS Higher and Ordinary Levels 1. Introduction 1.1 Accounting is a business studies option within

More information

03 The full syllabus. 03 The full syllabus continued. For more information visit PAPER C02 FUNDAMENTALS OF FINANCIAL ACCOUNTING

03 The full syllabus. 03 The full syllabus continued. For more information visit  PAPER C02 FUNDAMENTALS OF FINANCIAL ACCOUNTING 16 0 The full syllabus 0 The full syllabus continued PAPER C0 FUNDAMENTALS OF FINANCIAL ACCOUNTING Syllabus overview The main objective of this paper is the preparation of financial statements for single

More information

Level 1 Certificate in Book-Keeping

Level 1 Certificate in Book-Keeping LCCI International Qualifications Level 1 Certificate in Book-Keeping Syllabus Effective for examinations to be held after 1 Jan 2008 For further information contact us: Tel. +44 (0) 8707 202909 Email.

More information

Recognition of Prior Experience Assessment of Competence Checklist

Recognition of Prior Experience Assessment of Competence Checklist Recognition of Prior Experience Assessment of Competence Checklist Please read the following guidance on completing this form. In applying for professional membership of the Institute of Financial Accountants,

More information

ACCOUNTANCY (CLASSES XI-XII)

ACCOUNTANCY (CLASSES XI-XII) ACCOUNTANCY (CLASSES XI-XII) Rationale 136 The course in Accountancy is introduced at + 2 stage of Senior education, as mal commerce education is provided after first ten years of schooling. With the fast

More information

Detailed competency map: Knowledge requirements. (AAT examination)

Detailed competency map: Knowledge requirements. (AAT examination) Detailed competency map: Knowledge requirements (AAT examination) Fields of competency The items listed are shown with an indicator of the minimum acceptable level of competency, based on a three-point

More information

CURRICULUM AND SYLLABUS

CURRICULUM AND SYLLABUS 182 CURRICULUM AND SYLLABUS for Classes XI & XII ACCOUNTANCY CLASS XI One Paper 3 Hours 100 Marks 180 Periods Unit Unitwise Weightage Period Marks Unit 1 Introduction of Accounting 11 6 Unit 2 Theory Base

More information

Accounting (4305) IGCSE London Examinations IGCSE Accounting (4305) For examination in May and November 2006, 2007, 2008 November 2004, Issue 1

Accounting (4305) IGCSE London Examinations IGCSE Accounting (4305) For examination in May and November 2006, 2007, 2008 November 2004, Issue 1 IGCSE London Examinations IGCSE Accounting (4305) For examination in May and November 2006, 2007, 2008 November 2004, Issue 1 delivered locally, recognised globally Specification London Examinations IGCSE

More information

National Occupational Standards in Accounting

National Occupational Standards in Accounting National Occupational Standards in Accounting 2 ACCOUNTANCY OCCUPATIONALS STANDARDS GROUP (AOSG) Contents Introduction to the Accounting Standards...4 Accounting Qualification Framework...6 Accounting

More information

Annual Qualification Review

Annual Qualification Review LCCI International Qualifications Level 2 Certificate in Book Keeping and Accounts Annual Qualification Review 2009 For further information contact us: Tel. +44 (0) 8707 202909 Email. enquiries@ediplc.com

More information

MARK SCHEME for the May/June 2011 question paper for the guidance of teachers 0452 ACCOUNTING. 0452/11 Paper 1, maximum raw mark 120

MARK SCHEME for the May/June 2011 question paper for the guidance of teachers 0452 ACCOUNTING. 0452/11 Paper 1, maximum raw mark 120 www.xtremepapers.com UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education MARK SCHEME for the May/June 2011 question paper for the guidance of teachers

More information

IM SYLLABUS (2015) ACCOUNTING IM 01 SYLLABUS

IM SYLLABUS (2015) ACCOUNTING IM 01 SYLLABUS IM SYLLABUS (2015) ACCOUNTING IM 01 SYLLABUS 1 Accounting IM01 Syllabus (Available in September) 1 Paper (3 hrs) Introduction The syllabus seeks to develop sound financial literacy, and the presentation

More information

TRIPURA BOARD OF SECONDARY EDUCATION. SYLLABUS (effective from 2014) SUBJECT : ACCOUNTANCY (Class XI)

TRIPURA BOARD OF SECONDARY EDUCATION. SYLLABUS (effective from 2014) SUBJECT : ACCOUNTANCY (Class XI) TRIPURA BOARD OF SECONDARY EDUCATION SYLLABUS (effective from 2014) SUBJECT : ACCOUNTANCY (Class XI) Total Page- 05 ACCOUNTANCY COURSE STRUCTURE CLASS XI (Theory) One Paper Time : 3 Hours Marks : 90 +10=100

More information

SYLLABUS. Cambridge IGCSE Accounting. Cambridge Secondary 2

SYLLABUS. Cambridge IGCSE Accounting. Cambridge Secondary 2 SYLLABUS Cambridge IGCSE Accounting 0452 For examination in June and November 2015 Cambridge Secondary 2 Changes to syllabus for 2015 This syllabus has been updated, but there are no significant changes.

More information

ACCOUNTANCY. Units Topics Marks. Part A Financial Accounting - I Theoretical Framework Accounting Process 35

ACCOUNTANCY. Units Topics Marks. Part A Financial Accounting - I Theoretical Framework Accounting Process 35 ACCOUNTANCY Course Structure Units Topics Marks Part A Financial Accounting - I 50 1 Theoretical Framework 15 2 Accounting Process 35 Part B Financial Accounting - II 40 3 Financial Statements of Sole

More information

Financial Accounting (F3/FFA) February 2014 to August 2015

Financial Accounting (F3/FFA) February 2014 to August 2015 Financial Accounting (F3/FFA) February 2014 to August 2015 This syllabus and study guide are designed to help with teaching and learning and is intended to provide detailed information on what could be

More information

Financial Accounting (F3/FFA) September 2015 (for CBE exams from 23 September 2015) to August 2016

Financial Accounting (F3/FFA) September 2015 (for CBE exams from 23 September 2015) to August 2016 Financial Accounting (F3/FFA) September 2015 (for CBE exams from 23 September 2015) to August 2016 This syllabus and study guide are designed to help with teaching and learning and is intended to provide

More information

ACCOUNTING. FORM 3 5 Syllabus. Joanne Zammit EO Accounting and Business Studies

ACCOUNTING. FORM 3 5 Syllabus. Joanne Zammit EO Accounting and Business Studies ACCOUNTING FORM 3 5 Syllabus Joanne Zammit EO Accounting and Business Studies Directorate for Quality and Standards in Education Department of Curriculum Management Table of Contents Rationale for Accounting

More information

LEAVING CERTIFICATE A CCOUNTING SYLLABUS. Ordinary and Higher Levels

LEAVING CERTIFICATE A CCOUNTING SYLLABUS. Ordinary and Higher Levels LEAVING CERTIFICATE A CCOUNTING SYLLABUS Ordinary and Higher Levels LEA VING CERTIFICATE ACCOUNTING SYLLABUS Higher and Ordinary Levels 1. Introduction 1.1 Accounting is a business studies option within

More information

NATIONAL 5 Accounting

NATIONAL 5 Accounting MADRAS COLLEGE FACULTY OF TECHNOLOGIES DEPARTMENT OF BUSINESS AND COMPUTING NATIONAL 5 Accounting Course Information ACCOUNTING NATIONAL 5 COURSE AIMS AND STRUCTURE The course aims to enable learners to:

More information

0452 ACCOUNTING 0452/02 Paper 2, maximum raw mark 100

0452 ACCOUNTING 0452/02 Paper 2, maximum raw mark 100 www.xtremepapers.com UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education MARK SCHEME for the October/November 2009 question paper for the guidance

More information

G.C.E. Advanced Level Grades 12 and 13

G.C.E. Advanced Level Grades 12 and 13 G.C.E. Advanced Level Grades 12 and 13 Accounting Revised Syllabus will be implemented from 2012 (The examination will be held for the first time in year 2012) Department of Business Studies Faculty of

More information

National 5 Accounting Course Assessment Specification (C700 75)

National 5 Accounting Course Assessment Specification (C700 75) National 5 Accounting Course Assessment Specification (C700 75) Valid from August 2013 First edition: April 2012 Revised: August 2015, version 1.3 This specification may be reproduced in whole or in part

More information

BUSINESS ACCOUNTS. sample documents. sourced from www.osbornebooks.co.uk

BUSINESS ACCOUNTS. sample documents. sourced from www.osbornebooks.co.uk BUSINESS ACCOUNTS sample documents sourced from www.osbornebooks.co.uk Sample documents document page invoice 3 statement 4 double-entry accounts 5 cash book 6 petty cash book 7 extended trial balance

More information

SYLLABUS ACCOUNTANCY

SYLLABUS ACCOUNTANCY SYLLABUS ACCOUNTANCY 1. RATIONALE Accountancy is an important language of business. Its knowledge has become indispensable for recording and analysing business transactions, interpreting the business results

More information

AM01 Syllabus (2017): Accounting AM SYLLABUS (2017) SYLLABUS

AM01 Syllabus (2017): Accounting AM SYLLABUS (2017) SYLLABUS ACCOUNTING AM SYLLABUS (2017) AM01 SYLLABUS 1 Accounting AM01 Syllabus (Available in September) Paper I (3 hrs) + Paper II (3 hrs) Introduction The syllabus builds on the topics set for the SEC Examination

More information

PACIFIC SENIOR SECONDARY CERTIFICATE

PACIFIC SENIOR SECONDARY CERTIFICATE PACIFIC SENIOR SECONDARY CERTIFICATE Contents Page Rationale 1 General Aims 1 General Objectives 1 Specific Objectives 1 Course Context 2 Course Structure 2 Section I The Conceptual Basis of Accounting

More information

MARK SCHEME for the May/June 2010 question paper for the guidance of teachers 0452 ACCOUNTING. 0452/21 Paper 21, maximum raw mark 120

MARK SCHEME for the May/June 2010 question paper for the guidance of teachers 0452 ACCOUNTING. 0452/21 Paper 21, maximum raw mark 120 www.xtremepapers.com UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education MARK SCHEME for the May/June 2010 question paper for the guidance of teachers

More information

Paper F3. Financial Accounting. Specimen Exam applicable from June 2014. Fundamentals Level Knowledge Module

Paper F3. Financial Accounting. Specimen Exam applicable from June 2014. Fundamentals Level Knowledge Module Fundamentals Level Knowledge Module Financial Accounting Specimen Exam applicable from June 2014 Time allowed: 2 hours This paper is divided into two sections: Section A ALL 35 questions are compulsory

More information

REPORT ON CANDIDATES WORK IN THE CARIBBEAN SECONDARY EDUCATION CERTIFICATE EXAMINATION JANUARY 2013

REPORT ON CANDIDATES WORK IN THE CARIBBEAN SECONDARY EDUCATION CERTIFICATE EXAMINATION JANUARY 2013 CARIBBEAN EXAMINATIONS COUNCIL REPORT ON CANDIDATES WORK IN THE CARIBBEAN SECONDARY EDUCATION CERTIFICATE EXAMINATION JANUARY 2013 PRINCIPLES OF ACCOUNTS GENERAL PROFICIENCY EXAMINATION Copyright 2013

More information

Studyguide.PK Accounts Revision Notes Page 1

Studyguide.PK Accounts Revision Notes Page 1 BOOKS OF ORIGINAL ENTRIES These are the books of first entry. The transactions are first recorded in these books before being entered in the ledger books. These books are also called as books of Prime

More information

january 2016 ACCOUNTING Practice Questions for gcma

january 2016 ACCOUNTING Practice Questions for gcma january 2016 ACCOUNTING for gcma www.iqnglobal.com Accounting Question- 1 The following information was disclosed in the financial statements of Highfield Co for the year ended 31/12/2015. 2014 2015 $

More information

SAMPLE QUESTION PAPER IN ACCOUNTANCY. Time: Three Hours Maximum Marks: 100

SAMPLE QUESTION PAPER IN ACCOUNTANCY. Time: Three Hours Maximum Marks: 100 SAMPLE QUESTION PAPER IN ACCOUNTANCY Time: Three Hours Maximum Marks: 100 Note: The question paper is divided into two sections A and B. Attempt all questions of Section A and any one question of Section

More information

Accounting Upper Secondary Syllabus

Accounting Upper Secondary Syllabus Accounting Upper Secondary Syllabus Papua New Guinea Department of Education Issued free to schools by the Department of Education Published in 2008 by the Department of Education, Papua New Guinea Copyright

More information

Coimisiún na Scrúduithe Stáit State Examinations Commission

Coimisiún na Scrúduithe Stáit State Examinations Commission 2007. M55 Coimisiún na Scrúduithe Stáit State Examinations Commission LEAVING CERTIFICATE EXAMINATION, 2007 A C C O U N T I N G - H I G H E R L E V E L (400 marks) This paper is divided into 3 Sections:

More information

0452 Accounting November 2006

0452 Accounting November 2006 ACCOUNTING 0452 Accounting November 2006 Paper 0452/01 Multiple Choice Question Number Key Question Number Key 1 D 21 B 2 C 22 B 3 B 23 C 4 A 24 D 5 C 25 D 6 B 26 D 7 B 27 B 8 D 28 A 9 A 29 B 10 D 30 A

More information

0452 Accounting June 2008

0452 Accounting June 2008 ACCOUNTING Paper 0452/01 Multiple Choice Question Number Key Question Number Key 1 C 21 B 2 D 22 B 3 A 23 D 4 A 24 B 5 D 25 A 6 A 26 D 7 B 27 C 8 D 28 C 9 A 29 C 10 C 30 A 11 B 31 D 12 B 32 A 13 C 33 C

More information

ZIMBABWE SCHOOL EXAMINATIONS COUNCIL (ZIMSEC) ADVANCED LEVEL SYLLABUS ACCOUNTING 9197

ZIMBABWE SCHOOL EXAMINATIONS COUNCIL (ZIMSEC) ADVANCED LEVEL SYLLABUS ACCOUNTING 9197 ZIMBABWE SCHOOL EXAMINATIONS COUNCIL (ZIMSEC) ADVANCED LEVEL SYLLABUS ACCOUNTING 9197 EXAMINATION SYLLABUS FOR 2013-2016 INTRODUCTION 1.1 The aim of this syllabus is to enable Centres to develop Accounting

More information

Certificate in Bookkeeping

Certificate in Bookkeeping Certificate in Bookkeeping Standards and guidance Number of units: 8 Total QCF credits: 13 Total GLH: 98 1 Basic accounting I standards Title Credit value 2 the learner will: 1. Understand the role of

More information

INTERNATIONAL ACCOUNTING STANDARDS. CIE Guidance for teachers of. 7110 Principles of Accounts and. 0452 Accounting

INTERNATIONAL ACCOUNTING STANDARDS. CIE Guidance for teachers of. 7110 Principles of Accounts and. 0452 Accounting www.xtremepapers.com INTERNATIONAL ACCOUNTING STANDARDS CIE Guidance for teachers of 7110 Principles of Accounts and 0452 Accounting 1 CONTENTS Introduction...3 Use of this document... 3 Users of financial

More information

MINISTRY OF EDUCATION

MINISTRY OF EDUCATION MINISTRY OF EDUCATION JUNIOR SECONDARY PHASE ACCOUNTING SYLLABUS GRADES 8-10 FOR IMPLEMENTATION IN: GRADE 8-2007 GRADE 9-2008 GRADE 10-2009 Ministry of Education National Institute for Educational Development

More information

Accounting. Draft GCE AS and A level subject content

Accounting. Draft GCE AS and A level subject content Accounting Draft GCE AS and A level subject content September 2015 Contents The content for AS and A level accounting 3 Introduction 3 Aims and objectives 3 Subject content 4 Knowledge and understanding

More information

Glossary of Accounting Terms Peter Baskerville

Glossary of Accounting Terms Peter Baskerville Glossary of Accounting Terms Peter Baskerville Account for or 'bring to account': An accounting phrase used to describe the recording of a financial transaction that is required under the generally accepted

More information

SESSION 7 AUDIT OF NON CURRENT ASSETS AND CURRENT ASSETS

SESSION 7 AUDIT OF NON CURRENT ASSETS AND CURRENT ASSETS SESSION 7 AUDIT OF NON CURRENT ASSETS AND CURRENT ASSETS Learning objectives: Understanding the importance of audit of assets. explain the purpose of substantive procedures in relation to financial statements

More information

GUIDELINES FOR CSB CANDIDATES : PGT COMMERCE

GUIDELINES FOR CSB CANDIDATES : PGT COMMERCE GUIDELINES FOR CSB CANDIDATES : PGT COMMERCE 1. Aim. To test the level of knowledge of the candidate and assess his/her suitability for employment as PGT Commerce to teach with proficiency in class XI

More information

WASSCE / WAEC FINANCIAL ACCOUNTING SYLLABUS

WASSCE / WAEC FINANCIAL ACCOUNTING SYLLABUS WASSCE / WAEC FINANCIAL ACCOUNTING SYLLABUS WWW.LARNEDU.COM Visit www.larnedu.com for WASSCE / WAEC syllabus on different subjects and more great stuff to help you ace the WASSCE in flying colours. 1.

More information

UNIVERSITY OF CALICUT SCHOOL OF DISTANCE EDUCATION

UNIVERSITY OF CALICUT SCHOOL OF DISTANCE EDUCATION UNIVERSITY OF CALICUT SCHOOL OF DISTANCE EDUCATION B Com/BBA (2011 Admn. Onwards) II SEMESTER CORE COURSE FINANCIAL ACCOUNTING QUESTION BANK 1) Outstanding expenditure is a account. a) Nominal b) Personnel

More information

Business, Accounting and Financial Studies :Syllabus

Business, Accounting and Financial Studies :Syllabus Business, Accounting and Financial Studies :Syllabus 1(a) Business Environment 營 商 環 境 Hong Kong Business Environment Forms of Business Ownership Business Ethics and Social Responsibilities 1(b) Introduction

More information

110 Questions(with Answers) On Accounting Basics FREE E-book from http://basiccollegeaccounting.com

110 Questions(with Answers) On Accounting Basics FREE E-book from http://basiccollegeaccounting.com (http://basiccollegeaccounting.com) Dedicated to helping Students & Teachers NOTE: 110 Questions & Answers on True Or False on Accounting Basics ACCOUNTING CONCEPTS & DOUBLE ENTRY SYSTEM True False 1.

More information

MARK SCHEME for the October/November 2008 question paper 0452 ACCOUNTING. 0452/03 Paper 3, maximum raw mark 100

MARK SCHEME for the October/November 2008 question paper 0452 ACCOUNTING. 0452/03 Paper 3, maximum raw mark 100 www.xtremepapers.com UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education MARK SCHEME for the October/November question paper 0452 ACCOUNTING 0452/03

More information

(AA11) FINANCIAL ACCOUNTING BASICS

(AA11) FINANCIAL ACCOUNTING BASICS All Rights Reserved ASSOCIATION OF ACCOUNTING TECHNICIANS OF SRI LANKA AA1 EXAMINATION - JANUARY 2016 (AA11) FINANCIAL ACCOUNTING BASICS Instructions to candidates (Please Read Carefully): (1) Time allowed:

More information

Teacher Resource Bank

Teacher Resource Bank Teacher Resource Bank GCE Accounting Other Guidance: ACCN2 Update on IAS ACCN3 Updates on IAS (July 2012). The Assessment and Qualifications Alliance (AQA) is a company limited by guarantee registered

More information

GCE. Accounting. AS and A Level Specification. For exams from June 2014 onwards For certification from June 2014 onwards

GCE. Accounting. AS and A Level Specification. For exams from June 2014 onwards For certification from June 2014 onwards GCE AS and A Level Specification Accounting For exams from June 2014 onwards For certification from June 2014 onwards Contents GCE Accounting for exams from June 2014 onwards (version 1.3) 1 Introduction

More information

Coimisiún na Scrúduithe Stáit State Examinations Commission. Leaving Certificate 2014. Marking Scheme. Accounting. Higher Level

Coimisiún na Scrúduithe Stáit State Examinations Commission. Leaving Certificate 2014. Marking Scheme. Accounting. Higher Level Coimisiún na Scrúduithe Stáit State Examinations Commission Leaving Certificate 2014 Marking Scheme Accounting Higher Level Note to teachers and students on the use of published marking schemes Marking

More information

ASSESSMENT SYLLABUS ACCOUNTING

ASSESSMENT SYLLABUS ACCOUNTING BGCSE Accounting Assessment Syllabus Page 1 BEC 2014 BOTSWANA GENERAL CERTIFICATE OF SECONDARY EDUCATION ASSESSMENT SYLLABUS FOR BECOMES EFFECTIVE FOR EXAMINATION IN 2014 BGCSE Accounting Assessment Syllabus

More information

UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education

UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education *0018636067* UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education ACCOUNTING 0452/13 Paper 1 October/November 2013 Candidates answer on the Question

More information

Cork Institute of Technology. Autumn 2006 Advanced Financial Accounting (Time: 3 Hours)

Cork Institute of Technology. Autumn 2006 Advanced Financial Accounting (Time: 3 Hours) Cork Institute of Technology Bachelor of Business in Accounting Award Bachelor of Business in Management - Award Instructions Answer FOUR questions Answer all THREE questions in Section A and ONE question

More information

MARK SCHEME for the October/November 2010 question paper for the guidance of teachers 0452 ACCOUNTING. 0452/11 Paper 1, maximum raw mark 120

MARK SCHEME for the October/November 2010 question paper for the guidance of teachers 0452 ACCOUNTING. 0452/11 Paper 1, maximum raw mark 120 www.xtremepapers.com UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education MARK SCHEME for the October/November 2010 question paper for the guidance

More information

Paper 2: Accounting _Syllabus 2008

Paper 2: Accounting _Syllabus 2008 TRIAL BALANCE and RECTIFICATION OF ERRORS Practice paper 2 1. Which of these errors does not affect agreement of Trial Balance. a) Errors of principle. b) Complete omission in subsidiary books. c) Compensating

More information

LCCI International Qualifications. Level 3 Award in Preparing Financial Statements for a Sole Trader. Syllabus. Effective from: 1 September 2010

LCCI International Qualifications. Level 3 Award in Preparing Financial Statements for a Sole Trader. Syllabus. Effective from: 1 September 2010 LCCI International Qualifications Level 3 Award in Preparing Financial Statements for a Sole Trader Syllabus Effective from: 1 September 2010 For further information contact us: Tel. +44 (0) 8707 202909

More information

C02-Fundamentals of financial accounting

C02-Fundamentals of financial accounting Sample Exam Paper Question 1 The difference between an income statement and an income and expenditure account is that: A. An income and expenditure account is an international term for an Income statement.

More information

0452 ACCOUNTING 0452/02 Paper 2, maximum raw mark 90

0452 ACCOUNTING 0452/02 Paper 2, maximum raw mark 90 www.xtremepapers.com UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education MARK SCHEME for the May/June 2009 question paper for the guidance of teachers

More information

6. Show all your workings. icpar

6. Show all your workings. icpar CERTIFIED PUBLIC ACCOUNTANT FOUNDATION LEVEL 1 EXAMINATION F1.3: FINANCIAL ACCOUNTING MONDAY: 10 JUNE 2013 INSTRUCTIONS: 1. Time Allowed: 3 hours 15 minutes (15 minutes reading and 3 hours writing). 2.

More information

MARK SCHEME for the October/November 2011 question paper for the guidance of teachers 0452 ACCOUNTING. 0452/23 Paper 2, maximum raw mark 120

MARK SCHEME for the October/November 2011 question paper for the guidance of teachers 0452 ACCOUNTING. 0452/23 Paper 2, maximum raw mark 120 www.xtremepapers.com UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education MARK SCHEME for the October/November question paper for the guidance of

More information

1. Measure the impact governmental regulation has on both public and private sector

1. Measure the impact governmental regulation has on both public and private sector ACCT 215/315/300 1. Measure the impact governmental regulation has on both public and private sector 2. Distinguish between organization and formations and compare the legal ramifications of each 3. Explain

More information

Advanced Financial Accounting

Advanced Financial Accounting Advanced Financial Accounting Sample Paper 2 Questions & Suggested Solutions Page 1 of 27 INSTRUCTIONS TO CANDIDATES PLEASE READ CAREFULLY Candidates must indicate clearly whether they are answering the

More information

CONTENTS CHAPTER - 1 : FINANCIAL ACCOUNTING : AN OVERVIEW

CONTENTS CHAPTER - 1 : FINANCIAL ACCOUNTING : AN OVERVIEW CONTENTS CHAPTER - 1 : FINANCIAL ACCOUNTING : AN OVERVIEW Introduction ; Evolution of accounting; Meaning of book keeping; Definition of book keeping; Characteristics of book keeping; Process of book keeping;

More information

Recording Financial Transactions (FA1) February 2014 to August 2015

Recording Financial Transactions (FA1) February 2014 to August 2015 Recording Financial Transactions (FA1) February 2014 to August 2015 This syllabus and study guide are designed to help with teaching and learning and is intended to provide detailed information on what

More information

MARK SCHEME for the May/June 2008 question paper 0452 ACCOUNTING. 0452/03 Paper 3, maximum raw mark 100

MARK SCHEME for the May/June 2008 question paper 0452 ACCOUNTING. 0452/03 Paper 3, maximum raw mark 100 www.xtremepapers.com UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education MARK SCHEME for the May/June question paper 0452 ACCOUNTING 0452/03 Paper

More information

FINANCIAL ACCOUNTING

FINANCIAL ACCOUNTING FINANCIAL ACCOUNTING FORMATION 2 EXAMINATION - APRIL 2010 NOTES: You are required to answer Question 1. You are also required to answer any three out of Questions 2 to 5. (If you provide answers to all

More information

Accounting principles 10 credits

Accounting principles 10 credits Accounting principles 10 credits Aim This unit aims to develop a good understanding of fundamental accounting principles and techniques for those working in or towards an analytical or managerial role.

More information

(a) (i) Marking Scheme: 1 mark for definition and 1 mark for example.

(a) (i) Marking Scheme: 1 mark for definition and 1 mark for example. T A S M A N I A N Accounting C E R T I F I C A T E Subject Code ACC5C O F E D U C A T I O N Question 1 T A S M A N I A N Q U A L I F I C A T I O N S A U T H O R I T Y (a) (i) Marking Scheme: 1 mark for

More information

CLASS XI CLASS XI SEMESTER I

CLASS XI CLASS XI SEMESTER I CLASS XI Paper 3 Hours 0 Marks PERIODS MARKS PART A : FINANCIAL ACCOUNTING I Unit 1 : Introduction to Accounting Unit 2 : Theory Base of Accounting Unit 3 : Generation of Vouchers and Recording of Transactions

More information

Fill in the Blanks. Yuvraj Asst.Lecturer IHM Bhubaneswar 1

Fill in the Blanks. Yuvraj Asst.Lecturer IHM Bhubaneswar 1 Fill in the Blanks. 1) Bad debts are written off by debiting Bad Debt account and crediting Personal account. 2) The amount of depreciation keeps reducing year after year in Reducing Balance method. 3)

More information

MARK SCHEME for the October/November 2010 question paper for the guidance of teachers 0452 ACCOUNTING. 0452/22 Paper 2, maximum raw mark 120

MARK SCHEME for the October/November 2010 question paper for the guidance of teachers 0452 ACCOUNTING. 0452/22 Paper 2, maximum raw mark 120 www.xtremepapers.com UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education MARK SCHEME for the October/November 2010 question paper for the guidance

More information

Warren, Reeve, and Duchac Accounting (22e) Map to Georgia Accounting Guide. Describe the accounting process. Define related terms.

Warren, Reeve, and Duchac Accounting (22e) Map to Georgia Accounting Guide. Describe the accounting process. Define related terms. Warren, Reeve, and Duchac Accounting (22e) Map to Georgia Accounting Guide Competency After completing this section, the student will: Warren, Reeve, Duchac outcomes ACCOUNTING VOCABULARY AND CONCEPTS

More information

INSTITUTE OF FINANCIAL ACCOUNTANTS JUNE 2011 EXAMINATION. D1. Financial Accounting

INSTITUTE OF FINANCIAL ACCOUNTANTS JUNE 2011 EXAMINATION. D1. Financial Accounting 1 INSTITUTE OF FINANCIAL ACCOUNTANTS JUNE 2011 EXAMINATION D1. Financial Accounting Instructions to candidates 1. Time allowed is 3 hours and 10 minutes, which includes 10 minutes reading time. 2. This

More information

Mustafa Khuwaja - CAT Finalist

Mustafa Khuwaja - CAT Finalist 1 Run through the Flashcards as often as you can during your final revision period. The day before the exam, try to go through the Flashcards again. You will be well on your way to passing your exams.

More information

A2 Accounting for AQA Blank photocopiable documents

A2 Accounting for AQA Blank photocopiable documents A2 Accounting for AQA Blank photocopiable documents Documents page Stores ledger record 1 Sales, production and purchases budgets 2 Trade receivables and trade payables budgets 3 Labour budgets 4 Cash

More information

FUNDAMENTALS OF ACCOUNTING

FUNDAMENTALS OF ACCOUNTING COMMON PROFICIENCY TEST FUNDAMENTALS OF ACCOUNTING The Institute of Chartered Accountants of India The objective of the study material is to provide teaching material to the students to enable them to

More information

Diploma in Accounting & Finance

Diploma in Accounting & Finance Brentwood Open Learning College Diploma in Accounting & Finance (Level 4) Course Structure & Contents Diploma in Accounting & Finance Course Structure Contents Page 1 Unit 1 to Accounting & Finance The

More information

Cambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level

Cambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level Cambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level ACCOUNTING 9706/02 Paper 2 Structured Questions For Examination from 2016 SPECIMEN MARK SCHEME 1 hour

More information

(AA11) FINANCIAL ACCOUNTING BASICS

(AA11) FINANCIAL ACCOUNTING BASICS All Rights Reserved ASSOCIATION OF ACCOUNTING TECHNICIANS OF SRI LANKA AA1 EXAMINATION - JULY 2015 (AA11) FINANCIAL ACCOUNTING BASICS Instructions to candidates (Please Read Carefully): (1) Time: 02 hours.

More information

MARK SCHEME for the May/June 2011 question paper for the guidance of teachers 0452 ACCOUNTING. 0452/21 Paper 2, maximum raw mark 120

MARK SCHEME for the May/June 2011 question paper for the guidance of teachers 0452 ACCOUNTING. 0452/21 Paper 2, maximum raw mark 120 www.xtremepapers.com UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education MARK SCHEME for the May/June question paper for the guidance of teachers

More information

Teacher Resource Bank

Teacher Resource Bank Teacher Resource Bank GCE Accounting Other Guidance: Layouts and Formulae ACCN1: Layouts ACCN2: Layouts and Formulae ACCN4: Layouts and Formulae (Updated July 2012) The Assessment and Qualifications Alliance

More information

LEAVING CERTIFICATE 2011 MARKING SCHEME ACCOUNTING HIGHER LEVEL

LEAVING CERTIFICATE 2011 MARKING SCHEME ACCOUNTING HIGHER LEVEL Coimisiún na Scrúduithe Stáit State Examinations Commission LEAVING CERTIFICATE 2011 MARKING SCHEME ACCOUNTING HIGHER LEVEL LEAVING CERTIFICATE ACCOUNTING - 2011 Higher Level Marking Scheme INTRODUCTION

More information

Recording Financial Transactions (FA1) September 2015 (for CBE exams from 23 September 2015) to August 2016

Recording Financial Transactions (FA1) September 2015 (for CBE exams from 23 September 2015) to August 2016 Recording Financial Transactions (FA1) September 2015 (for CBE exams from 23 September 2015) to August 2016 This syllabus and study guide are designed to help with teaching and learning and is intended

More information

School of Distance Education UNIVERSITY OF CALICUT SCHOOL OF DISTANCE EDUCATION. V Semester. (2011 Admission Onwards) OPEN COURSE

School of Distance Education UNIVERSITY OF CALICUT SCHOOL OF DISTANCE EDUCATION. V Semester. (2011 Admission Onwards) OPEN COURSE UNIVERSITY OF CALICUT SCHOOL OF DISTANCE EDUCATION V Semester (2011 Admission Onwards) OPEN COURSE (For the UG candidates with core course other than B Com) BASIC ACCOUNTING QUESTION BANK 1. The prime

More information

CA CPT SAMPLE PAPER FUNDAMENTAL ACCOUNTING (60MARKS)

CA CPT SAMPLE PAPER FUNDAMENTAL ACCOUNTING (60MARKS) CA CPT SAMPLE PAPER FUNDAMENTAL ACCOUNTING (60MARKS) 1. Which of the following provide frame work and accounting policies so that the financial statements of different enterprises become comparable? (a)

More information

UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education ACCOUNTING

UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education ACCOUNTING UNIVERSITY OF MRIGE INTERNTIONL EXMINTIONS International General ertificate of Secondary Education OUNTING 0452/01 Paper 1 Multiple hoice May/June 2006 dditional Materials: Multiple hoice nswer Sheet Soft

More information

BAFS Compulsory Part Introduction to Accounting

BAFS Compulsory Part Introduction to Accounting BAFS Compulsory Part Introduction to Accounting : Technology Education Section Curriculum Development Institute Education Bureau, HKSARG April 2009 1 Beauty Full Co. 2 BAFS Compulsory Part 3 BAFS Compulsory

More information

Suggested layouts for financial statements in Accounting Courses National 5 and Higher

Suggested layouts for financial statements in Accounting Courses National 5 and Higher Suggested layouts for financial statements in Accounting Courses National 5 and Higher The following suggested layouts may be used when presenting financial statements in the Accounting Courses for National

More information

AUDIT PLAN: RECEIVABLES

AUDIT PLAN: RECEIVABLES Audit procedures for receivables AUDIT PLAN: RECEIVABLES Completeness Agree the balance from the individual sales ledger accounts to the aged receivables listing and vice versa. Match the total of the

More information

specification AS/A Level GCE GCE Accounting version 3 September 2013

specification AS/A Level GCE GCE Accounting version 3 September 2013 AS/A Level GCE GCE Accounting OCR Advanced Subsidiary GCE in Accounting H011 OCR Advanced GCE in Accounting H411 version 3 September 2013 specification OCR 2013 QAN 500/2302/0 QAN 500/2187/4 Contents 1

More information